Transfers: Payee? Category?
This is a Bookkeeping 101 question but after years of using Quicken to sort expenses I'm trying to expand my use and knowledge. When I transfer say from Cadence Bank to Ally Bank, how should the transaction appear in the ALLY register? Seems it should be the Cadence account as Payee and Ally Bank in the Category. But I get a message that I'm going back into the same account.
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